There's been an ongoing assumption throughout the trials and pain of Bed Bath & Beyond that landlords could look beyond a coming bankruptcy to new tenants lining up for the space.
That story line started in January as the Wall Street Journal reported that "landlords who own big-box space occupied by the troubled home-goods retailer are more confident about finding new tenants than they would have been in years past, according to property owners and retail analysts." Names like Sephora, Trader Joe's, Dick's Sporting Goods Inc., T.J. Maxx, Ross Stores Inc., and HomeGoods came up.
"Already, chains including TJ Maxx, HomeGoods and Ross have scooped up the vacant stores," wrote CNN in March. "Burlington, Five Below, Nordstrom Rack and budget gym Planet Fitness may also fill up the spaces, say retail landlords and real estate analysts."
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